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Share
30/03/07
11:43
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the number of shares you hold will give you a higher pro-rata share in the priority IPO entitlement...
eg... a minimum holding of 10,000 to 20,000 will get you the $2,000 entitlement
but a larger holding (eg say of 100,000 shares, will get you a higher minimum priority entitlment to the Zinc Co float eg $4,500).
don't confuse this with the in-specie distribution, as that too will be done on a pro-rata basis, depending on your shareholding...
it will follow the same method the company used for UTO....
My holding of 250,000 shares back then got me a priority entitlement of nearly 20,000 shares to UTO as opposed to the mimimum 10,000
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